Arab Finance: The net profits after tax of Iron and Steel for Mines and Quarries hiked by 238.81% to EGP 80.495 million in the first quarter (Q1) of fiscal year (FY) 2025/2026, according to the financial results.
The quarterly net profits were compared with EGP 23.758 million during Q1 FY2024/2025.
Sales hit EGP 213.053 million in Q1 FY2025/2026, an annual leap from EGP 84.257 million.
Basic earnings per share (EPS) increased to EGP 0.08 from EGP 0.02.
During FY2024/2025, Iron and Steel for Mines and Quarries reported a net profit after tax of EGP 697.990 million.